HNB Assurance unveils new customer service centre

HNB Assurance PLC has recently relocated its customer service centre to a new, improved location to engage and provide enhanced services, ensuring greater accessibility and seamless customer experience to its valued policyholders.

HNBA-Singer SL to enhance premium payment convenience

HNB Assurance PLC (HNBA) entered into a strategic partnership with Singer Sri Lanka, a trusted name in retail with an extensive network of outlets nationwide.

Ascent team triumphs at Great HR Quiz 2025 – HR Rumble

Ascent Corporate HR team emerged victorious, clinching the first place in the IT/BPM sector at the highly competitive Great HR Quiz 2025 – HR Rumble, organised by the Chartered Institute of Personnel Management (CIPM) recently.

Dialog strengthens partnership with SriLankan Airlines

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has strengthened its long-standing partnership with SriLankan Airlines by introducing a new feature that allows FlySmiLes members to convert their miles into Star Points.

Uber Eats 2024 Cravings Report Sri Lankans love sugar, spice and everything nice

Uber Eats dug into the details of what Sri Lankans ordered on Uber Eats last year and one thing stood out— a love for bold flavours.

KDK Awareness Seminar highlights Colombo’s indoor air quality

A highly engaging KDK Awareness Seminar took place recently at The Courtyard by Marriott, drawing attention to critical issues surrounding indoor wellness and sustainable living.

Fuelling leadership at Fortude: Remarkable journeys of Gishan and Kasun

When discussing leadership in the modern business world, it’s impossible to overlook those who have risen from humble beginnings, transitioned across industries and led their teams with vision, empathy and a relentless drive for innovation. Two such leaders are Gishan Bamunusinghe, COO of Fortude in ANZ and Kasun Sandaruwan, COO of Fortude in the Americas.

SL upgrades CRVS system

The Digital Economy Ministry, in partnership with the United Nations Development Programme, Asian Development Bank and key partners, launched a civil registration and vital statistics (CRVS) system, in efforts to improve Sri Lanka’s digital public infrastructure.

Govt. to fast-track long-delayed IP amendments for Madrid Protocol accession

The government has decided to present the long-delayed amendments to Intellectual Property Act No. 36 of 2003, to access the protocol relating to the Madrid Agreement that is administered by the World Intellectual Property Organisation (WIPO).

SL eyes MICE sector growth with new Conference Ambassador Programme

Sri Lanka yesterday launched the Sri Lanka Conference Ambassador Programme (SLCAP), an initiative aimed at positioning the country as a leading destination for international conferences.

Cartoon of the Day 06-02-2025

Develop bankable business models to attract DPI investment: Dr. Hans

Sri Lanka must focus on developing bankable business models to attract global investment that would help improve its digital public infrastructure, according to Chief Advisor to President on Digital Economy Dr. Hans Wijeyasuriya.

Indices close in red

Indices closed in red as a result of price losses in counters such as Hatton National Bank, Commercial Bank and Melstacorp with the turnover crossing Rs. 6.3 Bn.

Weekly T-bill auction concludes with a marginal dip in auction yields

In yesterday’s weekly T-Bill auction, weighted average yields registered a marginal dip. The weighted average yield for the 3M bill stood at 7.79% and recorded a 14bps drop compared to the previous auction.

Sampath Bank and Union Assurance enter exclusive bancassurance partnership

Sampath Bank has yet again reinforced its position as a premier financial services institution by entering a strategic partnership with Union Assurance, to deliver one-stop-shop financial and protection solutions to its customers.

SEC pays tribute to ex-Chairman Ken Balendra

The SEC expresses its profound sorrow at the demise of Deshamanya Ken Balendra, a distinguished business leader who served as the Chairman of the SEC with great vision and dedication.

EDB organizes outward trade delegation to KSA to promote F&B products

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lankan Embassy in the Kingdom of Saudi Arabia (KSA), successfully organized an outward trade delegation to Saudi Arabia from 13th to 16th January.

NDB Investment Bank appoints Harshana Jayaweera as CEO

NDB Investment Bank Limited has announced the appointment of Harshana Jayaweera as its Chief Executive Officer, effective from February 2025.

MMBL Money Transfer expands to Jaffna with dedicated branch

MMBL Money Transfer (Pvt) Ltd announced the opening of its latest branch in Jaffna, marking a significant step in their mission to serve the Northern Province with greater convenience, accessibility, and reliability.

ComBank Digital integrates with CSE’s Central Depository System for IPO settlements

The Commercial Bank of Ceylon has announced that ComBank Digital, the bank’s digital banking platform, is now linked with the Central Depository System (CDS) of the Colombo Stock Exchange (CSE), enabling the bank’s account holders to make IPO settlements directly from their accounts.

India’s Hindustan Petroleum Lubricants enters Sri Lanka with Sea World Lanka

Sri Lanka’s lubricants market has been significantly strengthened with the formal entry of HP Lubricants, part of Hindustan Petroleum Corporation Limited (HCPL), one of India’s frontline oil majors, in partnership with Sea World Lanka (Pvt) Ltd.

Harry J: The Sri Lankan Jack Welch

Harry Jayawardena was laid to rest on Independence Day in Ja-Ela, marking the end of an era. More than just a businessman, Harry J was a force of nature.

Leading organizations partner SLASSCOM People Summit 2025

The SLASSCOM People Summit 2025 set to take place on tomorrow at the Cinnamon Grand Hotel themed “Engage, Empower, Elevate: The New Playbook”, aims to redefine leadership and workplace innovation in a rapidly transformingglobal landscape and promises to be a catalyst for innovative ideas, resilience, and industry progress.

ChildFund Sri Lanka celebrates 40 years; launches WiDE Lanka

ChildFund Sri Lanka recently celebrated its 40th anniversary of impactful work in the country. To mark this milestone, the organization enhanced its localized presence through the launch WiDE Lanka (Women and Children Development and Empowerment) further strengthening its commitment to local leadership and community-driven initiatives.

LOLC Life Assurance celebrates MDRT achievers

LOLC Life Assurance recently hosted its inaugural MDRT Summit and Recognition Night for 2025, an event aimed at preparing aspiring MDRT members for their 2025 targets while celebrating the achievements of those who earned the prestigious membership in 2024.

Radisson Hotels welcome Gihan Vithana as Cluster Director of Food & Beverage

Radisson Hotel Colombo, Radisson Hotel Kandy, and Radisson Blu Resort Galle welcome Gihan Vithana as the new Cluster Director of Food & Beverage (F&B).

Fresh boost for local SME sector with new national advisory committee

In an effort to address issues faced by local small and medium enterprises (SMEs), the Ministry of Finance announced this week the establishment of a national advisory committee.

Mycelium SME Fund launches US$ 50mn private equity drive in SL and B’desh

A US$50 million private equity fund targeting small and medium-sized enterprises (SMEs) in Sri Lanka and Bangladesh has been launched, aiming to provide growth capital to high-potential businesses in both countries. The Mycelium SME Fund (MSF) is the first independent, homegrown initiative of its kind in the region, backed by private equity and venture capital industry veterans.

Government launches Rs. 300mn entrepreneur initiative in Eastern Province

As part of a national initiative to nurture 15,000 new entrepreneurs, the government has launched a programme in the Eastern Province with an investment of Rs. 300 million.

Sri Lanka and UAE to sign investment protection pact

Sri Lanka and the United Arab Emirates (UAE) are on track to sign a bilateral Agreement on Reciprocal Promotion and Protection of Investments (ARPPI), aimed at strengthening economic ties and internationalisation efforts for businesses in both countries.